Buying a Ferrari is one of the joys of being rich. It’s one of those “you-know-you’ve-made-it-when” rites of passage, along with the house in the Hamptons (or Aspen or Palm Beach) and the American Express black card. But today there are so many newly minted multi-millionaires and billionaires around the world that there simply aren’t [...]

About The Wealth Report

The Wealth Report is a daily blog focused on the culture and economy of the wealthy. It is written by Robert Frank, a senior writer for the Wall Street Journal and author of the newly released book “THE HIGH-BETA RICH.”

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Women make a powerful impact on the economy. How can companies harness the opportunities offered by this vital segment of the workforce? What's happening in specific industries - finance, technology, science and health care, law, government, and media?...